SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
World Wrestling Federation Entertainment, Inc.
(Name of Issuer)
Class A Common Stock, $0.01 Par Value Per Share
(Title of Class of Securities)
98156Q108
(CUSIP Number)
July 28, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-(c)
/ /Rule 3d-1(d)
CUSIP NO. 98156Q108
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Viacom Inc.
I.R.S. Identification No. 04-2949533
- -----------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a)
- -----------------------------------------------------------
/ / (b)
- -----------------------------------------------------------
(3) SEC Use Only
- -----------------------------------------------------------
(4) Citizenship or Place of Organization Delaware
- -----------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares -------------------------------------------
Beneficially (6) Shared Voting Power 2,307,692
Owned by -------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting -------------------------------------------
Person With (8) Shared Dispositive Power 2,307,692
- -----------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person
2,307,692
- -----------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
- -----------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
14.3%
- -----------------------------------------------------------
(12) Type of Reporting Person (See Instructions) CO
- -----------------------------------------------------------
Page 2 of 6
CUSIP NO. 98156Q108
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
S.S. No.
- -----------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a)
- -----------------------------------------------------------
/ / (b)
- -----------------------------------------------------------
(3) SEC Use Only
- -----------------------------------------------------------
(4) Citizenship or Place of Organization United States
- -----------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares -------------------------------------------
Beneficially (6) Shared Voting Power 2,307,692
Owned by -------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting -------------------------------------------
Person With (8) Shared Dispositive Power 2,307,692
- -----------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person
2,307,692
- -----------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
- -----------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
14.3%
- -----------------------------------------------------------
(12) Type of Reporting Person (See Instructions) IN
- -----------------------------------------------------------
Page 3 of 6
Item 1. Identity of Issuer
-------------------
This Statement on Schedule 13G is filed by the
undersigned with respect to the Class A Common Stock, par value
$0.01 per share (the "Class A Common Stock"), of World Wrestling
Federation Entertainment, Inc. (the "Issuer"). The Issuer's
principal executive offices are located at 1241 East Main Street,
Stamford, CT 06902.
Item 2. Identity of Reporting Persons and Background
--------------------------------------------
This Statement is filed on behalf of Viacom Inc., a
Delaware corporation ("VI") with a principal address of 1515
Broadway, New York, New York 10036, NAIRI, Inc., a Delaware
corporation ("NAIRI") with a principal address of 200 Elm Street,
Dedham, MA 02026, National Amusements, Inc., a Maryland
corporation ("NAI") with a principal address of 200 Elm Street,
Dedham, MA 02026, and Mr. Sumner M. Redstone (collectively, the
"Reporting Persons").
Approximately 68% of VI's voting stock is owned by
NAIRI, which in turn is owned 100% by NAI; Mr. Sumner M. Redstone
is the controlling shareholder, Chairman and Chief Executive
Officer of NAI, Chairman and President of NAIRI, and Chairman and
Chief Executive Officer of VI.
Item 3. If this Statement is filed pursuant to ss.240.13d-1(c)
check this box /X/.
Item 4. Ownership.
---------
Each of VI, NAIRI, NAI and Mr. Sumner M. Redstone
beneficially own the two million three hundred seven thousand six
hundred ninety two (2,307,692) shares of Class A Common Stock
reported hereunder, representing approximately 14.3% of the
outstanding shares of Class A Common Stock, but less than five
percent of all of the Issuer's outstanding equity.
Due to the relationship of the Reporting Person described in
Item 2 hereof, each of the Reporting Persons may be deemed to
share with each of the other Reporting Persons power (i) to vote
or direct the vote and (ii) to dispose or to direct the
disposition of the shares of Common Stock covered by this
Statement.
Page 4 of 6
Item 5. Ownership of Five Percent or Less of a Class.
--------------------------------------------
Not Applicable
Item 6. Ownership of Five Percent on Behalf of Another Person.
-----------------------------------------------------
See Items 2 and 4 hereof
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By
the Parent Holding Company.
---------------------------------------------------
Not Applicable
Item 8. Identification and Classification of Members of the Group.
---------------------------------------------------------
Not Applicable
Item 9. Notice of Dissolution of Group.
------------------------------
Not Applicable
Page 5 of 6
Item 10 Certifications.
----------------
By signing below we certify that, to the best of our
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities
and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct. Pursuant to Rule 13d-
1(f)(1), we agree that this statement is filed on behalf of each
of us.
Date: July 28, 2000
VIACOM INC.
By: /s/ Michael D. Fricklas
---------------------------
Michael D. Fricklas
Executive Vice President,
General Counsel and Secretary
NAIRI, INC.
By: /s/ Sumner M. Redstone
-------------------------
Sumner M. Redstone
Chairman and President
NATIONAL AMUSEMENTS, INC.
By: /s/ Sumner M. Redstone
-------------------------
Sumner M. Redstone
Chairman and
Chief Executive Officer
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone,
Individually